Telling neighbors about foreclosure?

[killinstinct]

Thanks NewLife! I feel pretty good about it....almost nervous that I'm not nervous! Ha ha! I'm sure they'll kick in once I get there.

I will attest to the fact that getting out of that mcmansion house and that neighborhood was one of the best things ever. Life is so much simpler now. We pay less than HALF what we did on our two mortgages. I don't know how we did it for so long. Plus no more maintenance costs. I don't think I'll ever own again.

Best of luck to you, I'm sure you'll feel the relief once you move as well. Looks like your 60 days are almost up!

[tkharvey]

Killinstinct: Your situation sounds like ours. We didn't really "decide" to move out of our McMansion, however the denial of our loan modification pushed us over the edge. We, too, are looking at rentals HALF the price of what we were paying on our fist and second mortgages. Can't wait for a simplier life in a smaller (but equally as nice) house. I'm with you about owning again. I'm looking forward to not having the responsibility of owning. I'm starting to sell off some of my furniture. As it was being taken out last night I felt the same as you. I almost feel bad about NOT feeling bad about having to leave here. We once thought this was our "dream" house that we built....that dream has quickly become our nightmare. Ready to move on....

[killinstinct]

Tk: I worked myself half to death just to try to keep my family in our house. In the end it ended up being a huge waste of time (and money, when the market collapsed). A hard lesson in remembering what's important in life, and to be happy for good health, family, etc. I thought it was important to keep my family living in a big nice house, but in retrospect it was more like a prison. I don't care if I ever own a house again.

Best of luck to you!

[tkharvey]

Thanks, you too! Your story and thoughts seem so similiar to ours. "Prison"....yeah, I know what you mean

[bluemartini]

Tk: I thought it was important to keep my family living in a big nice house, but in retrospect it was more like a prison. I don't care if I ever own a house again.

This is exactly how I feel.


I moved out very suddenly and didn't tell my neighbors, but I'm sure they have long since figured out what is going on.

I still feel lingering embarrassment over the whole situation. These neighbors were all my friends. We hung out, went to dinner, and I babysat for them, etc. Now we don't talk at all. They don't have my new phone number and I haven't called them in months. It's like I lost a whole group of friends.... I should really call them sometime to say hi or whatever. It's more due to me and my issues... I guess I didn't want to see them anymore because it reminds me of the old way of life and a house I couldn't afford. If I went to visit them, it would really hurt to look across the street at the house where I used to live. If I went to dinner with them, I would hear all the old neighborhood gossip, etc. and raise too many painful memories.

I have been maintaining the lawn there though. $40/month to have it mowed two times a month. I don't want my old neighbors/friends to have to look at my mess. But if I hadn't been friends with them I probably would let the lawn go.

[killinstinct]

I did kind of let our lawn go, sorry to say. But I lived in a neighborhood full of pretentious *(&$$holes. There was one family that was decent and I paid their kid a few times to mow our lawn after we moved out, but eventually just gave up, like "what's the point". Those people did nothing for us.

It's still painful for me, though too. I know what you mean. I thought I would be in that house until I was old. We're better off now. My wife went by the house the other day and said our lawn was mowed, so I think one of the neighbors has been doing it by default now!! Kind of funny. We'll see how much luck the TT has selling our house (he seems to think he can!). Also, every other house in the neighborhood is for sale now, we were one of the first. I'm sure there are numerous of those pretentious jerk neighbors well on their way to BK but still in denial...

[Patch]

well,we let go of our house,it was far from being a macmansion...too much upkeep,and everything was falling apart,the septic tank was shot,couldn't use the washer nor the dishwasher....the roof had a hole,the heater/AC would not kick in or shut off by itself,and the house was only half heated or cooled,shabby job...
and the neighborhood was going downhill very fast...
now ,we moved in a new county,fantastic neighborhood,kids found new friends and are able to go to their house without the fear of being shot at or ran over....and amazing schools...
our rent is cheaper that our mortgage,and we don't have any upkeep.
we also didn't tell our neighbors,heck we never talked to them before,and we had lived there 10 years....
I don't think we will ever own again either....

[killinstinct]

well,we let go of our house,it was far from being a macmansion...too much upkeep,and everything was falling apart,the septic tank was shot,couldn't use the washer nor the dishwasher....the roof had a hole,the heater/AC would not kick in or shut off by itself,and the house was only half heated or cooled,shabby job...
and the neighborhood was going downhill very fast...
now ,we moved in a new county,fantastic neighborhood,kids found new friends and are able to go to their house without the fear of being shot at or ran over....and amazing schools...
our rent is cheaper that our mortgage,and we don't have any upkeep.
we also didn't tell our neighbors,heck we never talked to them before,and we had lived there 10 years....
I don't think we will ever own again either....

Wow! Yours sounds like a no-brainer. Good for you.

We were in one of those newer developments, when the real estate market crashed it collapsed almost overnight. I had this idea it was a 'solid investment' and worked my butt off to try and stay there...it just got to the point of being ridiculous....